How people can become an asset for the economy of a village
Answers
Answered by
1
assets are things owned by d business.
Answered by
3
Hey friend!
____________
Here is your answer
___________________
# Firstly, what is an asset?
An asset is a valuable thing, person or a quantity.
⇒ People are called as assets due to their knowledge and enterprise.
⇒ People use this knowledge and skills, and help in production.
⇒ Production, in-turn causes economic development of a country.
For better understanding, let us take an example:
In the village Ronakpur, a farmer has a small piece of land. He does not have enough irrigation facilities. He takes a loans from the bank at cheap interest rate and now has enough surplus. If he did not use those irrigation facilities, he wouldn't have produced crops. Obviously, the land cannot grow crops on it's own. We humans, should implement our skills and thus we are called assets.
_____________________________________________________________
HOPE THIS HELPS YOU :)
____________
Here is your answer
___________________
# Firstly, what is an asset?
An asset is a valuable thing, person or a quantity.
⇒ People are called as assets due to their knowledge and enterprise.
⇒ People use this knowledge and skills, and help in production.
⇒ Production, in-turn causes economic development of a country.
For better understanding, let us take an example:
In the village Ronakpur, a farmer has a small piece of land. He does not have enough irrigation facilities. He takes a loans from the bank at cheap interest rate and now has enough surplus. If he did not use those irrigation facilities, he wouldn't have produced crops. Obviously, the land cannot grow crops on it's own. We humans, should implement our skills and thus we are called assets.
_____________________________________________________________
HOPE THIS HELPS YOU :)
Similar questions